In this segment, David Pakman discusses how the late Senator, Patrick Moynihan (D-NY) made the point that, even if the sales of guns were forbidden, we already have enough guns in private hands to last for a couple hundred years, but we only have a three-year supply of ammunition.

Moynihan’s idea? Increase the tax on bullets; not the type used for target shooting or hunting, but put an exorbitant tax on hollow point bullets that cause such devastating damage and on high-capacity magazines that have no reasonable use in hunting or self-defense. David explains:

“10,000%, Mr. Moynihan said; that would make the tax on 20-cartridge pack of hollow tip bullets $1500.00. If guns don’t kill people and bullets, do, let’s really focus on the bullets. This also sidesteps Constitutional arguments….”

To see the whole discussion, watch video:

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Author: David Pakman
David Pakman is the host of the internationally syndicated David Pakman Show, airing on 150+ television and radio stations across 5+ countries, on DirecTV and DISH Network, and on The Young Turks Network on YouTube. Pakman was born in Buenos Aires, Argentina and came to the US in 1989. He holds a Bachelor's Degree in Communication and Economics from the University of Massachusetts, and an MBA from Bentley University.